(iii) ANNUAL UTILIZATION ADJUSTMENT: Lessor and Lessee
 acknowledge that the Airframe 6C/24,000 Flight
 Hour Block Structural Check Supplemental Rent Rate
 is based upon the assumption that the Airframe
 will operate at the Assumed Annual Utilization. If
 that assumption proves to be incorrect at any time
 for any period of twelve (12) consecutive months
 during the Term based upon Lessee's actual
 operating experience during such twelve (12)
 months, (i) Lessor shall have the right, upon
 written notice to Lessee, to adjust the Airframe
 6C/24,000 Flight Hour Block Structural Check
 Supplemental Rent Rate (in the case of utilization
 above the Assumed Annual Utilization) and (ii)
 Lessor, upon written request from Lessee, will
 make that adjustment (in the case of an increase
 in the utilization below the Assumed Annual
 Utilization). The Airframe 6C/24,000 Flight Hour
 Block Structural Check Supplemental Rent Rate
 shall be adjusted by calculating the actual
 Airframe utilization for the applicable 12-month
 period and using that to select the corresponding
 Airframe Structural Check Reserve Amount from the
 Assumed Annual Utilization Adjustment Table in
 Schedule 7. If actual utilization falls outside
 the specific values set forth in the Assumed
 Annual Utilization Adjustment Table in Schedule 7,
 then the adjusted value shall be determined by
 extrapolating (or interpolating) from (or between)
 the nearest observed values in the table.